SoFi Gig Economy ETF (GIGE)
GIGE is an actively managed ETF by Toroso Investments. GIGE launched on May 8, 2019 and has a 0.59% expense ratio.
ETF Info
US8863645045
886364504
May 8, 2019
Developed Markets (Broad)
1x
No Index (Active)
Multi-Cap
Growth
Expense Ratio
GIGE features an expense ratio of 0.59%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in SoFi Gig Economy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
GIGE
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^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of GIGE, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 23.56% | -3.95% | 5.16% | -7.87% | 3.22% | 8.85% | 10.90% | -10.46% | -7.76% | -7.02% | 24.18% | 9.33% | 49.37% |
| 2022 | -14.06% | -10.30% | -0.63% | -19.17% | -9.25% | -9.88% | 6.58% | 0.45% | -13.03% | -0.92% | 3.42% | -7.90% | -55.50% |
| 2021 | 9.49% | 3.69% | -9.92% | 0.40% | -4.50% | 8.67% | -8.69% | 2.66% | -5.17% | 4.41% | -10.50% | -8.55% | -19.04% |
| 2020 | 3.66% | -4.15% | -14.09% | 17.21% | 18.20% | 8.34% | 9.44% | 8.81% | -2.52% | 3.25% | 19.61% | 7.46% | 97.36% |
| 2019 | -6.80% | 6.73% | -0.18% | -5.64% | -3.85% | 1.45% | 1.45% | 0.24% | -7.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for SoFi Gig Economy ETF (GIGE) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
| Period | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Dividend | $0.01 | $0.00 | $0.80 | $0.12 |
Dividend yield | 0.04% | 0.00% | 2.78% | 0.34% |
Monthly Dividends
The table displays the monthly dividend distributions for SoFi Gig Economy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | |||||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.80 |
| 2020 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the SoFi Gig Economy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the SoFi Gig Economy ETF was 74.24%, occurring on Nov 9, 2022. The portfolio has not yet recovered.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -74.24% | Feb 17, 2021 | 438 | Nov 9, 2022 | — | — | — |
| -33.04% | Feb 21, 2020 | 17 | Mar 16, 2020 | 44 | May 18, 2020 | 61 |
| -13.22% | Jul 29, 2019 | 47 | Oct 2, 2019 | 90 | Feb 11, 2020 | 137 |
| -9.75% | Sep 3, 2020 | 15 | Sep 24, 2020 | 11 | Oct 9, 2020 | 26 |
| -9.3% | May 9, 2019 | 17 | Jun 3, 2019 | 25 | Jul 9, 2019 | 42 |
Volatility
Volatility Chart
The current SoFi Gig Economy ETF volatility is 6.61%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.